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OC

OC - Owens Corning Stock Price, Fair Value and News

163.97USD-1.54 (-0.93%)Market Closed

Market Summary

OC
USD163.97-1.54
Market Closed
-0.93%

OC Alerts

  • 2 major insider sales recently.

OC Stock Price

View Fullscreen

OC RSI Chart

OC Valuation

Market Cap

14.3B

Price/Earnings (Trailing)

11.93

Price/Sales (Trailing)

1.47

EV/EBITDA

6.71

Price/Free Cashflow

8.3

OC Price/Sales (Trailing)

OC Profitability

EBT Margin

16.44%

Return on Equity

23.15%

Return on Assets

10.64%

Free Cashflow Yield

12.05%

OC Fundamentals

OC Revenue

Revenue (TTM)

9.7B

Rev. Growth (Yr)

0.83%

Rev. Growth (Qtr)

-7.06%

OC Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

5.65%

Earnings Growth (Qtr)

-61.13%

Breaking Down OC Revenue

Last 7 days

-4.3%

Last 30 days

2.6%

Last 90 days

10.8%

Trailing 12 Months

66.4%

How does OC drawdown profile look like?

OC Financial Health

Current Ratio

1.69

Debt/Equity

0.51

Debt/Cashflow

0.66

OC Investor Care

Dividend Yield

1.32%

Dividend/Share (TTM)

2.16

Buy Backs (1Y)

4.15%

Diluted EPS (TTM)

13.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20239.7B9.7B9.7B9.7B
20228.9B9.3B9.6B9.8B
20217.4B8.0B8.3B8.5B
20207.1B6.8B6.8B7.1B
20197.0B7.1B7.2B7.2B
20186.6B6.8B6.9B7.1B
20175.9B6.0B6.2B6.4B
20165.4B5.5B5.6B5.7B
20155.2B5.2B5.3B5.3B
20145.2B5.2B5.3B5.3B
20135.2B5.1B5.2B5.3B
20125.4B5.4B5.2B5.2B
20115.0B5.0B5.3B5.3B
20105.0B5.2B5.0B5.0B
200905.5B5.2B4.8B
20080005.8B

Tracking the Latest Insider Buys and Sells of Owens Corning

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 04, 2024
russell paula
acquired
2,437
168
14.43
evp, chief hr officer
Apr 04, 2024
sandri marcio a
acquired
17,811
168
105
president, composites
Apr 04, 2024
nimocks suzanne p
acquired
12,230
168
72.391
-
Apr 04, 2024
williams john david
acquired
28,985
168
171
-
Apr 04, 2024
martin paul edward
acquired
2,965
168
17.554
-
Apr 04, 2024
mannen maryann t.
acquired
14,259
168
84.401
-
Apr 04, 2024
cordeiro eduardo e
acquired
7,485
168
44.305
-
Apr 04, 2024
mendez-andino jose
acquired
4,806
168
28.451
evp, chief r&d officer
Apr 04, 2024
lonergan edward f
acquired
26,871
168
159
-
Apr 04, 2024
festa alfred e
acquired
5,731
168
33.925
-

1–10 of 50

Which funds bought or sold OC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
AdvisorNet Financial, Inc
reduced
-28.12
-907
3,836
-%
Apr 12, 2024
ARMSTRONG ADVISORY GROUP, INC
unchanged
-
-
10,673
-%
Apr 12, 2024
DOLIVER ADVISORS, LP
reduced
-0.85
176,779
1,705,030
0.48%
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
new
-
2,002
2,002
-%
Apr 12, 2024
Riverview Trust Co
new
-
27,522
27,522
0.02%
Apr 12, 2024
DNB Asset Management AS
reduced
-43.55
-2,061,340
3,589,040
0.02%
Apr 11, 2024
DHJJ Financial Advisors, Ltd.
unchanged
-
223
2,002
-%
Apr 11, 2024
Ballentine Partners, LLC
reduced
-0.48
107,381
1,003,140
0.02%
Apr 11, 2024
Radnor Capital Management, LLC
reduced
-9.09
8,000
334,000
0.06%
Apr 11, 2024
CONTRAVISORY INVESTMENT MANAGEMENT, INC.
unchanged
-
3,324
29,857
0.01%

1–10 of 50

Are Funds Buying or Selling OC?

Are funds buying OC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OC
No. of Funds

Unveiling Owens Corning's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.24%
9,104,610
SC 13G/A
Jan 23, 2024
blackrock inc.
12.3%
10,973,403
SC 13G/A
Feb 09, 2023
vanguard group inc
10.26%
9,586,320
SC 13G/A
Jan 27, 2023
blackrock inc.
13.2%
12,334,569
SC 13G/A
Jan 23, 2023
blackrock inc.
13.2%
12,334,569
SC 13G/A
May 10, 2022
vanguard group inc
10.03%
9,740,752
SC 13G/A
Feb 14, 2022
boston partners
4.21%
4,229,563
SC 13G/A
Feb 09, 2022
vanguard group inc
9.73%
9,777,972
SC 13G/A
Jan 27, 2022
blackrock inc.
11.5%
11,559,475
SC 13G/A
Jan 26, 2022
blackrock inc.
11.5%
11,559,475
SC 13G/A

Recent SEC filings of Owens Corning

View All Filings
Date Filed Form Type Document
Apr 15, 2024
8-K
Current Report
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading

Peers (Alternatives to Owens Corning)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
49.8B
22.1B
-2.77% 25.21%
34.61
2.26
8.21% -59.82%
22.5B
17.1B
-5.57% 95.63%
14.61
1.32
-24.77% -43.97%
21.6B
5.4B
1.95% 76.89%
28.43
4.02
8.59% 39.18%
17.8B
4.8B
0.44% 76.93%
23.22
3.68
-14.85% -16.95%
13.6B
4.2B
-3.83% 50.25%
24.9
3.24
11.44% 15.46%
MID-CAP
7.8B
3.9B
-2.48% 59.82%
20.56
2.02
-6.35% -0.40%
7.1B
1.2B
5.71% 36.96%
40.03
6.09
31.47% 76.96%
6.5B
3.5B
-1.66% 33.59%
9.88
1.86
-10.84% -25.77%
3.5B
1.7B
-0.87% 4.14%
27.62
2.14
-10.27% -35.75%
2.0B
891.3M
-14.41% -68.47%
-1.42
2.19
27.07% -89.06%
SMALL-CAP
1.2B
1.4B
-1.28% 33.77%
11.98
0.89
-1.78% 53.96%
493.5M
130.3M
6.24% 30.69%
7.36
3.79
54.06% 153.62%
475.6M
1.8B
-4.57% -1.57%
-21.82
0.26
-5.89% -65.15%
460.9M
103.0M
-7.27% -54.05%
-4.5
4.47
-24.12% -2.70%
66.9M
61.2M
1.74% 45.27%
15.98
1.09
-1.21% 27.64%

Owens Corning News

Latest updates
Defense World18 hours ago
Yahoo Movies Canada12 Apr 202411:23 am
Yahoo Finance09 Apr 202401:40 pm
Yahoo Finance04 Apr 202407:00 am
Yahoo Finance29 Feb 202408:00 am

Owens Corning Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-7.1%2,3042,4792,5632,3312,2852,5292,6012,3462,1312,2132,2391,9151,9251,9041,6251,6011,6921,8831,9181,6671,724
Gross Profit-15.4%615727752589570693734619559596618444484477343306383461440325411
Operating Expenses7.9%28626526555.0039185.002471792362041931462121851751,176214186213209189
  S&GA Expenses-100.0%-201207204-201201184-186188174-163151179-164181182-
  R&D Expenses31.0%38.0029.0028.0028.0033.0026.0024.0023.0028.0021.0022.0020.0023.0020.0018.0021.0022.0021.0022.0022.0023.00
EBITDA Margin1.3%0.24*0.23*0.24*0.24*0.23*0.25*0.23*0.23*0.23*0.23*0.23*0.21*---------
Interest Expenses-17.6%14.0017.0023.0022.0027.0028.0026.0028.0029.0031.0033.0033.0034.0035.0036.0027.0030.0033.0032.0036.0025.00
Income Taxes-63.6%40.0011012113033.0011411910769.0094.0097.0059.0010.0056.0039.0024.0027.0061.0059.0039.0029.00
Earnings Before Taxes-62.1%169446464512155582463414296354395268241261135-89398.0021219882.00200
EBT Margin0.7%0.16*0.16*0.18*0.18*0.17*0.18*0.16*0.16*0.15*0.15*0.15*0.12*---------
Net Income-61.1%13133734538312447034330422726029821023220696.00-91773.0015013844.00171
Net Income Margin0.4%0.12*0.12*0.14*0.14*0.13*0.14*0.12*0.12*0.12*0.12*0.12*0.10*---------
Free Cashflow1.0%698691494-164675461466158335466498204---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.5%11,23711,06911,00110,84010,75210,72110,54310,31610,0159,9819,9779,5609,4819,3989,3709,15110,0069,95510,18310,2659,771
  Current Assets-0.8%3,9173,9493,7913,5933,5563,5673,6893,4313,0973,1433,1242,7382,6062,6332,6042,3322,0612,1302,2392,3332,020
    Cash Equivalents22.1%1,6151,3239687571,09975881775596692789561272465458924117942.0010090.0085.00
  Inventory-2.8%1,1981,2321,2881,3401,3341,3221,2541,1471,0789498878548558869511,0621,0331,0311,0581,1091,072
  Net PPE4.1%3,8413,6883,7233,7453,7293,6603,6843,8253,8733,7673,7913,7583,8093,7173,7163,7473,8553,7593,8023,7763,811
  Goodwill-100.0%-1,3781,3871,3871,3831,3671,07998399099516.009809899769669591,9321,9091,9401,9351,949
Liabilities1.8%6,0275,9195,9426,0036,1316,0355,956-5,680------------
  Current Liabilities27.3%2,3241,8261,8321,9332,1042,0141,9741,9991,6971,6861,6371,4671,4401,3511,3931,4301,3291,2611,3251,2751,278
  Long Term Debt-12.9%2,6153,0023,0042,9992,9922,9882,9892,9592,9602,9583,1443,1453,1263,1263,3143,2132,9863,1803,4043,7113,362
Shareholder's Equity1.2%5,1665,1055,0344,8124,5754,6614,5624,3654,3354,2494,1563,9673,9413,8923,6633,5264,6714,5224,4454,3024,324
  Retained Earnings1.6%4,7944,7184,4274,1293,7943,7193,2822,9742,7062,5152,2822,0111,8291,6251,4451,3762,3192,2722,1462,0332,013
  Additional Paid-In Capital0.3%4,1664,1524,1434,1294,1394,1244,1074,0914,0924,0764,0644,0564,0594,0644,0544,0464,0514,0434,0344,0254,028
Shares Outstanding-1.9%87.0089.0090.0091.0092.0096.0099.00100104104105105---------
Minority Interest-5.0%19.0020.0020.0021.0021.0021.0022.0024.0039.0039.0039.0039.0040.0040.0039.0039.0040.0039.0040.0040.0041.00
Float---11,723---7,226---10,116---6,023---6,332--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations1.0%698691494-164675461466158335466498204418488281-52.00441309438-151297
  Share Based Compensation18.2%13.0011.0014.0013.0013.0013.0013.0012.0014.0012.0012.0012.0010.0011.009.0011.008.0010.0010.0011.0013.00
Cashflow From Investing-17.1%-137-117-12624.00-50.00-233-252-88.00-135-29.00-92.00-121-101-50.007.00-61.00-109-83.00-107-95.00-38.00
Cashflow From Financing-46.0%-292-200-169-216-299-246-144-285-165-396-126-194-252-37152.00213-203-288-323241-306
  Dividend Payments-2.1%46.0047.0047.0048.0033.0033.0035.0035.0027.0026.00-55.0026.0026.0026.0026.0023.0024.00-48.0022.00
  Buy Backs65.3%238144115160259206101229135172121142222--96.00---61.00-

OC Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
NET SALES$ 9,677$ 9,761$ 8,498
COST OF SALES6,9947,1456,281
Gross margin2,6832,6162,217
OPERATING EXPENSES   
Marketing and administrative expenses831803757
Science and technology expenses12310691
Gain on sale of site(189)00
Gain on equity method investment0(130)0
Other expense (income), net106123(69)
Total operating expenses871902779
OPERATING INCOME1,8121,7141,438
Non-operating expense (income), net145(9)(10)
EARNINGS BEFORE INTEREST AND TAXES1,6671,7231,448
Interest expense, net76109126
Loss on extinguishment of debt009
EARNINGS BEFORE TAXES1,5911,6141,313
Income tax expense401373319
Equity in net earnings of affiliates301
NET EARNINGS1,1931,241995
Net loss attributable to non-redeemable and redeemable noncontrolling interests(3)00
NET EARNINGS ATTRIBUTABLE TO OWENS CORNING$ 1,196$ 1,241$ 995
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO OWENS CORNING COMMON STOCKHOLDERS   
Basic (dollars per share)$ 13.27$ 12.85$ 9.61
Diluted (dollars per share)$ 13.14$ 12.70$ 9.54
WEIGHTED AVERAGE COMMON SHARES   
Basic (in shares)90.196.6103.5
Diluted (in shares)91.097.7104.3

OC Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 1,615$ 1,099
Receivables, Net, Current987961
Inventories1,1981,334
Assets held for sale045
Other current assets117117
Total current assets3,9173,556
Property, plant and equipment, net3,8413,729
Operating lease right-of-use assets222204
Goodwill1,3921,383
Intangible assets, net1,5281,602
Deferred income taxes2416
Other non-current assets313262
TOTAL ASSETS11,23710,752
CURRENT LIABILITIES  
Accounts payable1,2161,345
Current operating lease liabilities6252
Long-term debt – current portion43128
Other current liabilities615679
Total current liabilities2,3242,104
Long-term debt, net of current portion2,6152,992
Pension plan liability6978
Other employee benefits liability112118
Non-current operating lease liabilities165152
Deferred income taxes427388
Other liabilities315299
Total liabilities6,0276,131
Redeemable noncontrolling interest2525
OWENS CORNING STOCKHOLDERS’ EQUITY  
Preferred stock, par value $0.01 per share[1]00
Common stock, par value $0.01 per share[2]11
Additional paid in capital4,1664,139
Accumulated earnings4,7943,794
Accumulated other comprehensive deficit(503)(681)
Cost of common stock in treasury[3](3,292)(2,678)
Total Owens Corning stockholders’ equity5,1664,575
Noncontrolling interests1921
Total equity5,1854,596
TOTAL LIABILITIES AND EQUITY$ 11,237$ 10,752
[1]10 shares authorized; none issued or outstanding at December 31, 2023 and December 31, 2022
[2]400 shares authorized; 135.5 issued and 87.2 outstanding at December 31, 2023; 135.5 issued and 91.9 outstanding at December 31, 2022
[3]48.3 shares at December 31, 2023 and 43.6 shares at December 31, 2022
OC
Owens Corning engages in manufacture and sale of insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, Latin America, and internationally. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, decking, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing and accessories under the Owens Corning PINK, and FIBERGLAS brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors. The Roofing segment manufactures and sells laminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through distributors, home centers, lumberyards, retailers, and contractors, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. The company was incorporated in 1938 and is headquartered in Toledo, Ohio.
 CEO
 WEBSITEowenscorning.com
 INDUSTRYCommunication Equipment
 EMPLOYEES19000

Owens Corning Frequently Asked Questions


What is the ticker symbol for Owens Corning? What does OC stand for in stocks?

OC is the stock ticker symbol of Owens Corning. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Owens Corning (OC)?

As of Mon Apr 15 2024, market cap of Owens Corning is 14.27 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OC stock?

You can check OC's fair value in chart for subscribers.

What is the fair value of OC stock?

You can check OC's fair value in chart for subscribers. The fair value of Owens Corning is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Owens Corning is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Owens Corning a good stock to buy?

The fair value guage provides a quick view whether OC is over valued or under valued. Whether Owens Corning is cheap or expensive depends on the assumptions which impact Owens Corning's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OC.

What is Owens Corning's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, OC's PE ratio (Price to Earnings) is 11.93 and Price to Sales (PS) ratio is 1.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Owens Corning's stock?

In the past 10 years, Owens Corning has provided 0.161 (multiply by 100 for percentage) rate of return.